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Home  >  accounting in austin  >  Post Properties Inc. announces second quarter earnings

Post Properties Inc. announces second quarter earnings

Posted on Tuesday, August 3rd, 2010 at 6:42 pm.

Post Properties Inc. announced their financial earning in the second quarter of 2010. The company had a net loss of $35.5 million or $0.73 per diluted share.

The second quarter, which ended June 30, 2010, was compare to 2009 second quarter which was a net loss attributable to shareholders of $50.3 million.

For the company’s same store community apartments, there are 43 of them totaling 15, 713 units. In 2010 they were 95.2 percent for the second quarter and 93.3 percent for the second quarter of 2009. Two different complexes achieved stabilized apartment occupancy in the second quarter, a complex in Austin and another in Dallas.

If you or your business are looking for accounting help or have questions on your company’s financial issues, contact the Austin Accountants for experienced help in the area.